KeyCorp (KEY) announced first quarter net income from continuing operations attributable to common shareholders of $196 million, or $0.21 per share, up from $195 million, or $0.20 per share in the first quarter of 2012. Analysts polled by Thomson Reuters expected the company to report earnings of $0.20 per share for the quarter. Analysts' estimates typically exclude special items.
During the first quarter Key incurred $15 million, or $0.01 per common share of costs associated with its previously announced efficiency initiative.
Net income attributable to common shareholders for the quarter rose to $199 million from $194 million in the year ago quarter.
Taxable-equivalent net interest income for the quarter was $589 million, up from $559 million last year. Noninterest income was $425 million for the first quarter of 2013, compared to $442 million for the year-ago quarter.
Total revenue for the quarter was $1.014 billion, compared to $1.001 billion in the year ago quarter. Twenty one analysts had consensus revenue estimate of $1.03 billion for the quarter.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.